NOT LISTED FOR SALE

115 E Thomas St Arlington Heights, IL 60004

8 Beds
4 Baths
-- Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: August 23, 2019

Last sale price $600,000

48 Days on Market

Highlights

  • Lower Floor Utility Room
  • Baseboard Heating
  • Paved or Partially Paved Lot
  • Olive-Mary Stitt Elementary School Rated A-

About This Home

As of August 2019

Rarely available 4 unit brick building in very desirable area. Separate electric,water and gas for all units. All units are identical. There is hardwood flooring, a/c, 2 bedrooms and large living and dining room. Two parking spaces for each apt. and storage. Newer hot water tanks and boilers. There is a 1000 square foot basement that can be converted to a 5th apt. Tenants pay all utilities. You can walk to downtown Arlington Hts. and train. All units currently rented. Excellent investment opportunity.

Last Agent to Sell the Property

Louis Orlando

Zerillo Realty Inc. License #475124004 Listed on: 03/25/2019

Last Buyer's Agent

Louis Orlando

Zerillo Realty Inc. License #475124004 Listed on: 03/25/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,312

Year Built

  • Built in 1964

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 74 x 108
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Lower Floor Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Assigned Parking

Schools

  • Olive-Mary Stitt Elementary School
  • Thomas Middle School
  • John Hersey High School

Utilities

  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $150
  • Insurance Expense $1,700
  • Water Sewer Expense $975

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,312

Year Built

Built in 1964

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Room Type: Utility Room-Lower Level
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 975
  • Other Expenses $: 500
  • Trash Expense Year: 1700

Schools

  • Elementary School: OLIVE-MARY STITT SCHOOL
  • High School: JOHN HERSEY HIGH SCHOOL
  • Middle/Junior School: THOMAS MIDDLE SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Dimensions: 74 X 108
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Insurance Expense: 1700
  • ElectricExpense: 150
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 14312.48
  • Tax Year: 2017
  • Tax Exemptions: None
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Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2019 08/23/19 Sold $600,000 -7.7% --
05/12/2019 05/12/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $649,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,278 $64,000 $7,841 $56,159
2024 $16,278 $59,462 $6,534 $52,928
2023 $16,215 $59,462 $6,534 $52,928
2022 $16,215 $61,501 $6,534 $54,967
2021 $13,407 $44,540 $4,083 $40,457
2020 $14,440 $49,244 $4,083 $45,161
2019 $16,518 $62,912 $4,083 $58,829
2018 $14,483 $49,629 $3,593 $46,036
2017 $14,312 $49,629 $3,593 $46,036
2016 $13,349 $49,629 $3,593 $46,036
2015 $12,770 $43,247 $3,103 $40,144
2014 $12,397 $43,247 $3,103 $40,144
2013 $12,085 $43,247 $3,103 $40,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10319534

Midwest Real Estate Data (MRED)
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